Best Practice in Public Sector Budgeting

Business And Management

Course Info

Duration: 1 Week

City: Dubai

Fees: 3880 GBP

Available Dates

  • 2021-05-09

    Dubai

  • 2021-06-13

    Dubai

  • 2021-07-11

    Dubai

  • 2021-08-08

    Dubai

  • 2021-09-12

    Dubai

  • 2021-10-10

    Dubai

  • 2021-11-14

    Dubai

  • 2021-12-12

    Dubai

  • 2022-01-09

    Dubai

  • 2022-02-13

    Dubai

  • 2022-03-13

    Dubai

  • 2022-04-10

    Dubai

Dates in other countries

Course Details

Course Outline

5 days course

 

Fundamentals of Public Sector Finance

 

  • Basic Principles of Macroeconomic and Fiscal Policy
  • Types of Public Sector Financial Decision-Making
  • Purpose of Public Sector Accounting and Budgeting
  • The Dimensions of New Public Management (NPM)

 

Financial Accounting Basics

 

  • Basic Concepts in Financial Accounting
  • Cash versus Accruals Accounting
  • Qualitative Characteristics of Financial Statements

 

Financial Reporting in the Public Sector

 

  • The IPSASB compared to the IASB Framework
  • Distinctive characteristics of Public Sector Financial Accounts
  • The Five Elements of Financial Statements
  • Reporting Standards relevant to Public Sector Financial Reports
  • Assets and Liabilities: Principles for Recognition and Measurement
  • Nature and Classification of Public Sector Income and Expenses
  • Principles of Public Sector Financial Management

 

Financial Analysis of Public Sector Accounts

 

  • Understanding and Analysing Cost Behaviour
  • The Cost-Volume-Profit Relationship
  • Why Analyse Financial Statements
  • The Financial Analyst’s Toolkit
  • Interpreting Financial Ratio Analysis of Public Sector Reports
  • Managing and Improving Spending Deficits

 

Public Sector Budgeting

 

  • Setting Goals and Outcome Requirements
  • Financial and Non-Financial Performance Measures
  • Objectives of Public Sector Budgets
  • Outcome focused Budgeting in the Public Sector
  • Budget Layers
  • Techniques for Forecasting Income and Costs
  • Human Aspects and Dysfunctional Budgeting
  • Principles of Capital Budgeting

 

Capital Investment Decision-Making

 

  • Characteristics and Decision-Making Process
  • Investment Appraisal Techniques
  • Principles of Discounted Cash Flow Analysis
  • Understanding Net Present Value (NPV)
  • Outsourcing Services: Objectives and Decision Criteria
  • PPI and PFI: Objectives and Decision Criteria

 

Public Sector Financial Management Reforms

 

  • Understanding Public Sector Management Reforms
  • The Need and Purpose of Financial Reforms
  • Key Issues for the Future of the Public Sector

Course Video